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$200 - $8261 Bedroom Apartments Available Now
Regency Apartments
1531 6th Pl SEMason City, IA 50401
Cheap Apartments for Rent near Grafton, IA from $500 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Grafton.
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$500 - $800Studio to 2 Bedroom Apartments Available Now
Key Apartments
600 N Kentucky AveMason City, IA 50401
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$525 - $6951 Bedroom Apartments Available Now
18 S Adams Ave
18 S Adams AveMason City, IA 50401
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$550 - $700Studio to 1 Bedroom Apartments Available Now
Key West Apartments
1000 S Illinois AveMason City, IA 50401
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Rent Specials
$675
Total Monthly Price
Base Rent$675
Total Monthly Price$675
A-Lea Apartments
909 Janson StAlbert Lea, MN 56007
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$675 - $975
Total Monthly Price
Base Rent$675 - $975
Total Monthly Price$675 - $975
105 Main St S
105 Main St SStewartville, MN 55976
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$689 - $1,798
Total Monthly Price
Base Rent$689 - $1,798
Total Monthly Price$689 - $1,798
Flats on 21
1310 21st Ave NWAustin, MN 55912
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$700 - $865
Total Monthly Price
Base Rent$700 - $865
Total Monthly Price$700 - $865
CityView Apartments
133 W William StAlbert Lea, MN 56007
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$730 - $1,0901 to 3 Bedroom Apartments Available Sep 30
Meadow Lake of Clear Lake Apartments
1109 Buddy Holly PlClear Lake, IA 50428
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$790 - $1,500
Total Monthly Price
Base Rent$790 - $1,500
Total Monthly Price$790 - $1,500
Skye Lofts Apartments
1619 W Main StAlbert Lea, MN 56007
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$795 - $1,1501 to 4 Bedroom Apartments Available Soon
Pebble Creek Apartments
150 S Grover AveMason City, IA 50401
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$800 - $1,1001 to 2 Bedroom Apartments Available Now
City Center Kent Apartments
5 N Federal AveMason City, IA 50401
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$800 - $9751 to 3 Bedroom Apartments Available Now
Rolling Meadows Apartments
701 16th St SWWaverly, IA 50677
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$840 - $1,5001 to 3 Bedroom Apartments Available Now
UNION HOUSE APARTMENTS
123 N Main StCharles City, IA 50616
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$895 - $1,265Studio to 2 Bedroom Apartments Available Now
The River
100 4th St SWMason City, IA 50401
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$895 - $1,675Studio to 2 Bedroom Apartments Available Nov 6
1200 Jade Apartments
1200 Jade StClear Lake, IA 50428
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$925 - $1,1852 Bedroom Apartments Available Now
Irish Hospital Apartments
216 S Clark StForest City, IA 50436
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$975 - $1,350
Total Monthly Price
Base Rent$895 - $1,270
Required Monthly Fees$80
Total Monthly Price$975 - $1,350
Northern Place Apartments
203 SW 31st StAustin, MN 55912
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$992 - $1,163Studio to 1 Bedroom Apartments Available Now
Pilgrim Place Senior Housing (62+)
741 S Illinois AveMason City, IA 50401
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$995 - $1,395Studio to 2 Bedroom Apartments Available Now
The Delaware - Luxury Apartment's in Mason City!
110 North Delaware AvenueMason City, IA 50401
309 4th St
AllisonIA50602
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1 Bedroom Apartments
Shalom Tower II
321 4th St NEMason City, IA 50401
930 S Broadway Ave
Albert LeaMN56007
517 E 4th St
Albert LeaMN56007
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
420 E Main St
New HamptonIA50659
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1 to 2 Bedroom Apartments
The Manor
4 3rd St NWMason City, IA 50401
107 Main St E
Clarks GroveMN56016
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1 to 2 Bedroom Apartments
Kee Valley Apartments
408 N Main StKiester, MN 56051
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1 Bedroom Apartments
Bricelyn Plaza
314 N Main StBricelyn, MN 56014
802 9th Ave SE
AustinMN55912
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1 Bedroom Apartments
Grant Village
815-843 6th St SWMason City, IA 50401
806 Cedar River Dr NW
WaverlyIA50677
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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Grafton, IA Local Guide
Balloons & corn by Phil Roeder is licensed under CC BY 2.0
How much does it cost to rent an apartment in Grafton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grafton Studio Apartments | $1,076 | $500 | $1,339 |
| Grafton 1 Bedroom Apartments | $1,243 | $200 | $1,719 |
| Grafton 2 Bedroom Apartments | $1,469 | $800 | $2,279 |
| Grafton 3 Bedroom Apartments | $1,321 | $935 | $1,800 |
| Grafton 4 Bedroom Apartments | $1,718 | $937 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Grafton, IA Local Guide
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Cheapest Available Grafton Apartments for Rent and Nearby
The cheapest available apartment rental in Grafton, IA is a 1 Bed unit found at Regency Apartments priced from $200. Key Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Grafton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Regency Apartments | 1 BD | 1BR,1BA | $200 |
| Key Apartments | Efficiency | Studio,1BA | $500 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $525 |
| Key West Apartments | Studio | Studio,1BA | $550 |
| 105 Main St S | 1-bedroom | 1BR,1BA | $675 |
| Skye Lofts Apartments | One Bedroom Unit | 1BR,1BA | $790 |
| Rolling Meadows Apartments | 1 bedroom/1bath | 1BR,1BA | $800 |
| City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $800 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $865 |
| Irish Hospital Apartments | 2BD/1BA | 2BR,1BA | $925 |
Best Value Apartments for Rent in Grafton, IA and Nearby
As of September 12, 2026 the best value apartment in the Grafton area is the $1.10 price per square foot 2BR/1.5BA Model at Skye Lofts Apartments in the starting from $1,500. The second greatest value Grafton apartment is the Three Bedroom Model at Edge Apartments starting at $1,595 with a $1.26 price per square foot . Here is today’s list of the best values for Grafton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Skye Lofts Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.10 |
| Edge Apartments | Three Bedroom | 3BR,2BA | $1.26 |
| UNION HOUSE APARTMENTS | 3 Bed 2 Bath | 3BR,2BA | $1.26 |
| Cottages of Stewartville | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.22 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.10 |
| City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $1.33 |
| Regency Apartments | 1 BD | 1BR,1BA | $0.35 |
| Rolling Meadows Apartments | 1 bedroom/1bath | 1BR,1BA | $1.40 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $0.95 |
| 105 Main St S | 1-bedroom | 1BR,1BA | $1.35 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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See the most popular apartments and homes in Grafton, IA
Frequently Asked Questions about Cheap Grafton Apartments
What is the Cheapest Studio apartment in Grafton?
Currently the most affordable Cheap Studio Apartment in Grafton is at Key Apartments listed at $500.
How much is rent for a Cheap One Bedroom Grafton Apartment?
The lowest price for a Cheap One Bedroom Grafton Apartment is $200 at Regency Apartments.
What is the lowest price for a Cheap Two Bedroom Grafton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Grafton is starting from $865 at CityView Apartments.
What is the most affordable Grafton Three Bedroom Apartment?
The best deal on a cheap Grafton Three Bedroom Apartment rental is at Rolling Meadows Apartments and starts from $975.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.